AXDI LDII SPV 1 Ltd. has completed the acquisition of 4,41,39,236 equity shares of Aadhar Housing Finance Limited on 26 February 2026. This off-market transfer, pursuant to a Share Purchase Agreement dated 29 July 2025, results in the Acquirer holding 10.18% of the total voting capital. The transaction was executed with BCP Topco VII Pte. Ltd. acting as the Seller, significantly increasing the Acquirer’s stake from zero.
Acquisition Details and Compliance
AXDI LDII SPV 1 Ltd. officially announced the completion of a substantial acquisition in Aadhar Housing Finance Limited (the “Target Company”). The disclosure is made under applicable regulations concerning Substantial Acquisition of Shares and Takeovers. The transaction involved the purchase of 4,41,39,236 equity shares, referred to as the “Sale Shares,” from BCP Topco VII Pte. Ltd., the “Seller.” This acquisition was finalized on 26 February 2026 via an off-market transfer.
Shareholding Status Pre and Post-Acquisition
Prior to this transaction, the Acquirer, AXDI LDII SPV 1 Ltd., held Nil shares, Nil voting rights, and no convertible securities in Aadhar Housing Finance Limited. The acquisition resulted in the following new holdings:
- Shares carrying voting rights acquired: 4,41,39,236
- Percentage w.r.t. total share/voting capital: 10.18%
- Percentage w.r.t. total diluted share/voting capital: 9.92%
Following the acquisition, the Acquirer’s total holding stands at 4,41,39,236 shares, representing 10.18% of the total share capital.
Capital Structure Context
The acquisition took place when the total equity share capital of Aadhar Housing Finance Limited was 43,37,96,312 equity shares (face value INR 10/- each), based on the pattern reported for the quarter ending 31 December 2025. Post-acquisition, the total diluted share/voting capital is calculated at 44,50,84,486 equity shares.
Parties Involved
The Acquirer, AXDI LDII SPV 1 Ltd., is confirmed not to be a member of the promoter or promoter group of the Target Company. The shares of Aadhar Housing Finance Limited are listed on both the BSE Limited and National Stock Exchange of India Limited.
Execution Details
The transaction mode was an off-market transfer of shares. The date of acquisition for the purpose of regulatory intimation was 26 February 2026.
Source: BSE